What is Graphic Pen Display?
Pen display also known as hand-painted display and painting display. It combines display and pen tablet. It is mainly used for writing and paint on the display with the attached pressure sensitive pen. With the help of pen display, it is easy to create interacting image. Increasing demand for graphics and drawings for engineering’s, architecture is driving the demand for graphic pen display. Geographically, Asia Pacific region has have been recognized as highly growing market with increasing industrial expenditure of construction. Therefore, Asia Pacific region are considered to be the dominant market over forecast period.
The market study is broken down by Type (Flat Panel Display, Flexible Display and Transparent Display), by Application (LCD writing Monitor, Pen Tablet Monitor, Tracing Board and Others) and major geographies with country level break-up.
The market of Graphic Pen Display is expected to grow with rising industrial expenditure of architecture and designers. Increasing demand for drawings in several industrial verticals driving the demand for the market. Several companies are operating in the market to provide Graphic Pen Display with various features & unique offering. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wacom Co. Ltd (Japan), XP-Pen (Japan), Huion (China), Artisul (Taiwan), Bosto (United States), VisTablet Systems (United States), Dell Inc. (United States), Microsoft Corporation (United States), Parblo (China), Genius (United States) and ELMO (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Graphic Pen Display market by Type, Application and Region.
On the basis of geography, the market of Graphic Pen Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Graphic Pen Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. LED (Light-Emitting Diode) display Technology will boost the Graphic Pen Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In October 2020, Japanese Technology Company Wacom specialising in graphic tablets has launched Wacom One in the Indian market. This graphite tablet is entry-level 13-inch pen display. It is designed for the new generation of creators, and can be used by the budding artists for digital media work. With this new launch, company has expanded its portfolio.
Market Trend
- Huge Adoption Flat Panel Display over others
Market Drivers
- Growing Demand for Digital Content Creation & Visual Art
- Increasing Preference for Graphic Pen Display for Architectural, Engineering Activities
Opportunities
- Growing Technological Advancements in Architectural Drawings
Restraints
- Not Really Suitable for Pointing and Clicking Functions
Challenges
- Presence of Substitute like Tablet
Key Target Audience
Graphic Pen Display Manufacturers, Graphic Pen Display Suppliers, Raw Material Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.